An exciting trend that we’ve been tracking in India is the emergence of digital-first, direct-to-consumer brands, particularly within the consumer staples categories, such as beauty and personal care. Now we believe this has been driven by three main factors: abundant local venture capital; ready market access via popular e-commerce marketplaces; and younger consumers’ willingness to explore and engage with new and fresh brands. Now as these start-ups mature and begin to enter the public market, we really look forward to assessing their growth and value-creation prospects, in addition to the ongoing competitive implications for our existing Indian staples investments.
The views and opinions expressed herein are those of the speaker(s) as of the date of publication, are subject to change without notice as economic and market conditions dictate, and may not reflect the views and opinions of other investment teams within William Blair. Factual information has been obtained from sources we believe to be reliable, but its accuracy, completeness, or interpretation cannot be guaranteed. This material may include estimates, outlooks, projections, and other forward-looking statements. Due to a variety of factors, actual events may differ significantly from those presented. This video has been provided for informational purposes only and should not be considered as investment advice or a recommendation of any particular strategy or investment product, or as an offer to buy or sell any securities or related financial instruments in any jurisdiction. Investment advice and recommendations can be provided only after careful consideration of an investor’s objectives, guidelines, and restrictions. Investing involves risks, including the possible loss of principal. Past performance is not indicative of future results.